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Re: fishhunter post# 48648

Saturday, 05/23/2020 11:19:44 AM

Saturday, May 23, 2020 11:19:44 AM

Post# of 53697
Boarded ship long ago; direction and destination unknown!

Additional financial tools are now available and allow but don't guarantee positive results. The S-3 may or may not prove useful as their need and beneficial application currently remains unclear to shareholders. Used properly, the S-3 provides a very good option to have in play.

As business risk increases, both survival and excellent new opportunities may hinge on a strong balance sheet coupled with the ability to raise additional funds on very short notice. Their ability to go 'all in' remains a strong statement of commitment; the rub being to who or what and everything that may entail.

I support the company retaining their strong cash position during the current worldwide crisis. This cash cushion may prove extremely important and even essential as worldwide political and economic conditions continue to crumble and deteriorate without any economic solution in sight.

The S-3 Filing, released without explanation after market closing and before a long holiday weekend, presented mostly as a stun grenade rather than reasoned forward looking planning. Current shareholder value now appears to be subject to a potential 'gotcha' registration being filed in the future.

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